Thought Leadership

People in Singapore expect more than a tech upgrade that feels like a step back in user experience. Forcing commuters onto SimplyGo would have been a step in the wrong direction, say NUS Business School’s Emir Hrnjic and Monetics’ Gordon R Clarke.

The ADGM Academy Research Centre collaborated with the Asian Institute of Digital Finance (AIDF) from the National University of Singapore to produce a white paper on how big data and artificial intelligence can be leveraged to develop a more informative credit model to support the UAE SME ecosystem and drive improved decision making when lending to SMEs.

[Full paper] [Summary]

今天，又有多三份提供数码付款代币服务的申请获得金融管理局原则上批准。就在全球加密货币市值于短短七个月内萎缩约七成之际，在本地提供这项服务的业者却增多？加密货币价格和美国股市走势一向没有关联，为何在这几个月内，两者走势越来越相近？

In recent years, natural language processing (NLP) has become one of the the hottest field in data science. It is widely used in search, translation, social media monitoring, chat, advertising, recruiting, grammar checking and more. Machine learning makes the results smarter, faster and more precise.

AIDF’s Executive Director Prof. Jin-Chuan Duan and NUS MBA alumnus Hsann Aung Naing shared their views and thoughts on the potential and challenges of cryptocurrency and digital assets.

While the overwhelming majority of central banks in the world are actively exploring a Central Bank Digital Currency (CBDC), the People’s Bank of China (PBOC) has already launched the pilot of the digital yuan.

近年來，民間數位貨幣蓬勃發展，全球各大央行2020年以來，也紛紛加速在數位貨幣領域的佈局。一場民間數位貨幣和法幣的競賽，及國家之間的數位貨幣競爭已悄然拉開帷幕。數位貨幣到底是什麼？它會如何改變金融生活，又將如何重塑金融系統？

Digital payments have exploded during the Covid-19 pandemic. The recent Mastercard New Payments Index found that there were one billion more contactless transactions worldwide in the first quarter of 2021 compared to the same period one year before.

While coins and tokens were in use nearly three millennia ago, early attempts to create paper currency as the predominant medium of exchange date back to the Yuan dynasty in 13th-century China. Backed by silver, the currency lasted about 100 years before it collapsed due to uncontrolled printing and excessive inflation.

When digital currencies and cryptocurrencies sprang to life, bitcoin was viewed as a direct challenge to central banks’ control of currency. After an early reluctance and hostility toward cryptocurrencies, central banks are starting to recognise and embrace blockchain — the highly innovative technological backbone behind bitcoin.